Solaria Energía y Medio Ambiente (SLR) CMD 2025 summary

Strategic pillars and business model

• Focus on technology and country diversification, with a target to increase ROE above 20% through partnerships and asset rotation.

• Value creation driven by expansion into data centers, BESS, and new geographies.

Power purchase agreements (PPAs) and renewable supply

• Signed first wind PPA (180 MW, 10 years) and new solar PPA (150 MW, 10 years) to support green hydrogen and data center clients in Spain.

• Secured a 445 MW, 15-year PPA with a leading data center operator, with further negotiations ongoing.

• Positioned as a long-duration renewable supplier to address Europe's structural energy deficit.

Battery energy storage systems (BESS)

• Launched standalone and hybrid BESS strategies, targeting 14 GWh standalone and 7 GWh hybrid portfolios in Europe.

• Formed Gravyx, a 50/50 JV with Stoneshield Capital, to deploy standalone BESS with €200m initial funding and >20% project IRR.

• Hybrid BESS projects in Spain show 30% higher profitability for solar projects, with estimated 17% project IRR.